Leading Cryptocurrencies That Are Big On Community – Big Eyes, Aave, Shiba Inu

Members of the community contribute to various projects ranging from marine to DeFi. In return, they receive rewards of more digital assets like tokens and NFTs. 

Consequently, these three cryptocurrencies are also considered among the best in terms of profitable returns. 

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) enters the cryptocurrency market with a particular goal – to safeguard the world’s oceans. The basis of this appealing charitable idea is the Big Eyes mascot, an irresistibly cute cat who believes that we must protect aquatic life for it to have enough fish to eat. 

Therefore, 5% of the token supply will be held in the project’s charity wallet dedicated to protecting ocean marine life. Also, 1% tax from resold NFTs will go to the favorite charity of BIG token holders. 

The choice of the cute cat mascot was due to its aim to outperform the overly-abundant dog-themed meme coins while imbibing the unique characteristics of the cat – active, social, self-grooming, and hard to kill.

Furthermore, the Big Eyes Coin team recognizes that having a robust and spirited community dictates that incentives should be in place. Consequently, the novel project seeks to become a widely used community-led token and create wealth for its community through NFTs and the DeFi ecosystem. 

It aims to be among the top ten NFT initiatives in the cryptocurrency industry. It will create an exclusive NFT club – NFT Sushi Crew – for NFT holders on the platform. Club members will be privy to special NFT events, rewards, and the best NFTs available.

Additionally, Big Eyes Coin plans to launch on the popular DeFi protocol, Uniswap, with free BIG token swaps and transfers for its community. 

These incentives would make the BIG token more accessible and generally create a wider audience for the project. 

Aave (AAVE)

Aave is a decentralized lending protocol that allows users to lend, borrow, and earn rewards on crypto assets. 

Its lending pool, one of the most diverse, enables users to borrow from different cryptocurrencies like ETH, MANA, and DAI.

However, borrowers must provide equal value collateral to the amount they wish to borrow – the collateral can also be in a different cryptocurrency. On the other hand, lenders earn interest for lending their crypto assets to the lending pool.

The innovative loan system adopted a full DAO model where holders of the AAVE token receive incentives for safely upholding and developing the platform through voting and staking their crypto assets. 

AAVE holders also take on the risks of the protocol, propose, and vote on various proposals in the community. In return, they enjoy lower gas fees per transaction and less interest on borrowing.

Shiba Inu (SHIB) 

Shiba Inu (SHIB), the second most popular meme coin, is much like Dogecoin (DOGE). However, its utility is expanding to accommodate real-life features giving it the moniker ‘Dogecoin Killer.’

Due to its susceptibility to price swings, Shiba Inu aims to outgrow its present identity as a mere meme coin using the strength of its community. 

Its most recent move is the SHIB Metaverse – an immersive reality where all the tokens, SHIB, LEASH, BONE, and SHIBOSHIS, will play significant roles. 

Also, Shiba Inu has increased its importance as a payment token. Flexa recently joined the list of merchants who accept the Shiba Inu coin (SHIB) as a means of payment. 

Users can purchase Shiba Inu tokens (SHIB) in the ShibaSwap – its native cryptocurrency exchange – and other exchanges like Coinbase and KuCoin.

Conclusion

Cryptocurrencies benefit directly from enabling individuals worldwide to collaborate and form communities, which promotes diversity and development. 

Big Eyes Coin (BIG), Aave (AAVE), and Shiba Inu (SHIB) are among the top cryptocurrencies that could benefit from being community-driven in the long term. 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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